Tuesday, June 19, 2012

Lifted Entirely From Atrios

Light It All On Fire

Given the eagerness of the powers that be to aim the free money bazooka at anything resembling a failing giant bank, the incentives for those running them aren't to try to limp along through troubled times, but instead to blow themselves up spectacularly.

But remember kids, moral hazard is what happens when a single parent gets $10 more per week in extra food stamp money.
I wish this was hyperbole.

from Eschaton

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